Investment Loss Options for Clients of MML Investors Services, LLC Broker Kenneth Ilgner

MML Investors Services LLC

Erez Law is currently investigating MML Investors Services, LLC broker Kenneth Ilgner (CRD# 2316676) regarding variable annuity investment losses. He has been registered with MML Investors Services, LLC in East Hills, New York since 2017. 

Kenneth Ilgner Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

March 2022. “The complainant alleges that the rep misinformed him about the variable annuity that he purchased (in 2021), stating that the rep told him at the time of sale that there would be no tax consequences when replacing his whole life insurance policy with this variable annuity. However, the complainant states that he has since received a 1099, which indicates that taxes are owed. He states that he wouldn’t have agreed to this transaction had he known there would be taxes and he wants the transaction reversed.” The case is currently pending. The complaint was regarding variable annuities and insurance losses. 

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, MML Investors Services, LLC may be liable for investment or other losses suffered by Kenneth Ilgner’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.